Texas businesses that offer benefits that are governed by ERISA understand that they must comply with the law or face lawsuits. Recently, an ERISA lawsuit that was filed by employees of Deutsche Bank against the company was partly dismissed.
Texas entrepreneurs may be interested to know that foreign investors are pumping billions of dollars into the United States in the form of foreign direct investment in commercial real estate. Analysts are predicting that the investment numbers are tracking upward.
Warehouses in Texas and throughout the country have risen in demand in recent years. In the first three months of 2018, industrial retail sales were $16 billion, which is a 20 percent increase from a year ago. Furthermore, vacancy rates are down to 5.1 percent. Industrial spaces have become more popular because they don't take as much money to own and operate. They are also in demand because of the rise of e-commerce.
Economic trends are showing signs of inflation in Houston and throughout the United States. The normal cues for inflation are occurring in different areas of the marketplace and evidenced by increased construction costs, labor shortages and rising costs of commodities. High-performing companies shielded from inflation risks include online retail giants like Amazon, whose approach to maintaining profit margins has given it an advantage.
Consumers in Texas might not realize the legal difficulties that sometimes flare up among their favorite fashion brands. For example, luxury brand Gucci has been battling Guess for nine years in multiple countries. Gucci alleged that the diamond pattern logo for Guess represented a direct copy of its trademark. After litigating the issue around the world, the companies announced that they have settled their disagreements concerning intellectual property.
A former UFC flyweight title challenger is currently being sued by his ex-manager for fraud and breach of contract. The lawsuit claims that the management firm arranged a five-fight deal for the fighter with the UFC but only received compensation for one fight. A major contest that was planned to take place in Texas this year has been rescheduled for UFC Fight Night 129 in Santiago, Chile.